Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why is Ferrari facing such a backlash to its first electric car?
The Italian marque has broken with the past with its four-door, €550,000 Luce and traditionalists are furious Ferrari is different from other carmakers, and so are its product launches. So revered is the company in its native Italy that…
Ferrari's first electric vehicle met with market skepticism
Ferrari on Tuesday presented its first-ever fully electric car to Italy's President and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the consumer. The Italian automaker unveiled the all-new Luce EV…
The Scoop: Ferrari tries to message electric car as market value plunges $5 billion
Ferrari debuted its first electric vehicle, the Luce — Italian for “light.” Designed by storied Apple alum Jony Ive, the four-door, five-seat car can reach 60 mph in 2.5 seconds. In an exclusive interview with CNBC, Ferrari CEO…
Ferrari Luce: Why Ferrari's First Electric Car Isn't a Two-Door Supercar Like You Might Expect
Ferrari's first crack at an electric vehicle arrived this week to a visceral reaction. Not only does the Luce not pack one of the brand's legendary combustion engines, it also happens to be the largest (and most controversial-looking) vehicle that…
Cheapest and most expensive electric cars to insure
One of the many concerns some Britons have about switching to electric cars is the cost of insuring them. According to the Electric Car Scheme, EVs are typically between 15 and 25 per cent more expensive in premiums than conventional petrol models.
Second hand electric car values rise for first time in eight months
The value of second-hand electric cars has risen for the first time in eight months in what could be a major turning point for zero-emission used motors. While used car values remained resilient in May overall, EVs delivered the strongest…
Ferrari launches its first electric car for a shocking price
Published May 27th, 2026 - 02:22 GMT ALBAWABA - In a historic move that redefines its legendary brand, Italian automaker Ferrari unveiled its first all-electric car in Rome on Monday, announcing its transition from the world of motors to the quiet…
4 EVs That Will Be Considered Classics In The Future
Electric vehicle technology still feels far too young for any EVs to truly approach 'classic' status, but the day when we look fondly back on the legends of the field isn't that far off. After all, the first electric production vehicle was…
After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice
Lamborghini CEO Stephan Winkelmann told CNBC the automaker's decision to kill its all-electric vehicle plans to focus on plug-in hybrid electric vehicles was 'the right way to go' for his company. His comments come after Ferrari this week faced…
The world's carmakers are struggling to compete with China
Suranjana TewariAsia Business Correspondent, Beijing and Hefei, China Global carmakers are facing a reckoning as US, European and Japanese brands lose ground to Chinese rivals setting the pace not only in electric vehicles, but also in batteries…
Critics give Ferrari Luce EV a cool response, shares fall
Ferrari shares plunged by more than 8 percent on Tuesday as investors and critics reacted coolly to the Italian luxury sports carmaker's new Luce electric car, questioning whether it remained true to the brand's identity. SCROLL TO CONTINUE WITH…
Ferrari's Controversial EV Likely To Advance Despite Launch Wobble
When a new car's design is said to be “divisive”, that means normal people hate it. Italian luxury sports car maker Ferrari, probably correctly, assumes that not many normal people have $650,000 available to buy its new Luce electric…
China's April industrial profits grow at fastest in more than two years
China's industrial profits in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening domestic demand and rising component costs exacerbated by the Middle East crisis. SCROLL TO CONTINUE WITH CONTENT…
Warren proposes AI tax
“Building an economy that works for all of us will require multiple policy responses. But it starts by acknowledging: it's time to tax AI and invest in people,” Warren wrote in an op-ed published Wednesday in Time magazine.
The Gas-Tax Reckoning
In February, the average price of gas was less than $3 a gallon. Today it's nearly $4.50. Since the start of the Iran war, Americans have spent an extra $39 billion filling the tank. As summer travel season arrives, Congress is considering…
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